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Strategies & Market Trends : Stock Crashes

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To: Udo W. Perkuhn who wrote (321)2/15/1997 9:22:00 AM
From: Leo C. Bouchard   of 400
 
Udo, got out of COMS, I'm losing my nerve after getting my butt kicked in CTN. Still no outcome there. Stock hasn't traded in three days.
I find one of the dangers in day trading like this is getting caught in a real down draft and losing all the profits made of several previous trades. This market bothers me. I have cut back on my risk stock plays, "stock crashes," and have been staying close to cash.

Been watching CSCC and it keeps sinking. ZTEC keeps inching up. I have enough of this stock that an inch makes a big difference. Regarding ATT, I'm already in. Just bought it at 39. This stock is one of the Select 10 and is an underperfomer. I think the timing is right with this one for my core stocks. ETRADE has done well the last few days. I look for it to get back to its highs if the market holds. Good Luck next week. Leo
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